VAN TORNHOUT BART: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VAN TORNHOUT BART
Largest movements
- Cash +€20,532
up €20,532 (+50.1%), from €40,966 to €61,498
mainly Stocks and contracts (+€13,468) and Other debts (+€11,529)
- Stocks and contracts -€13,468
down €13,468 (-91.7%), from €14,686 to €1,218
of which Contracts in progress: -€12,500
- Receivables within one year -€3,300
down €3,300 (-22.3%), from €14,782 to €11,482
of which Trade receivables: -€3,195
- Other debts +€11,529
up €11,529 (+272%), from €4,241 to €15,769
- Provisions -€9,063
down €9,063 (-100%), from €9,063 to €0
- Reserves +€8,500
up €8,500 (+16.3%), from €52,060 to €60,560
- Tax, wage and social debts -€5,435
down €5,435 (-86.0%), from €6,321 to €886
of which Taxes: -€5,435
- Gross operating margin +€12,661
up €12,661 (+97.9%), from €12,939 to €25,600
- Taxes +€3,293
up €3,293 (+1,177%), from €280 to €3,572
- Financial charges +€1,449
up €1,449 (+747%), from €194 to €1,643
- Depreciation +€261
up €261 (+2.8%), from €9,412 to €9,672
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,093 | €131,076 | +€4,983 | +4.0% |
| Fixed assets | 21/28 | €55,659 | €56,878 | +€1,219 | +2.2% |
| Tangible fixed assets | 22/27 | €54,629 | €55,848 | +€1,219 | +2.2% |
| Plant, machinery and equipment | 23 | €17,281 | €14,198 | -€3,083 | -17.8% |
| Furniture and vehicles | 24 | €6,194 | €4,489 | -€1,705 | -27.5% |
| Other tangible fixed assets | 26 | €31,154 | €37,161 | +€6,007 | +19.3% |
| Financial fixed assets | 28 | €1,030 | €1,030 | = | 0.0% |
| Current assets | 29/58 | €70,434 | €74,198 | +€3,764 | +5.3% |
| Stocks and contracts in progress | 3 | €14,686 | €1,218 | -€13,468 | -91.7% |
| Stocks | 30/36 | €2,186 | €1,218 | -€968 | -44.3% |
| Contracts in progress | 37 | €12,500 | €0 | -€12,500 | -100% |
| Amounts receivable within one year | 40/41 | €14,782 | €11,482 | -€3,300 | -22.3% |
| Trade receivables | 40 | €14,089 | €10,894 | -€3,195 | -22.7% |
| Other amounts receivable | 41 | €693 | €589 | -€105 | -15.1% |
| Cash at bank and in hand | 54/58 | €40,966 | €61,498 | +€20,532 | +50.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €126,093 | €131,076 | +€4,983 | +4.0% |
| Equity | 10/15 | €70,743 | €79,259 | +€8,516 | +12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,060 | €60,560 | +€8,500 | +16.3% |
| Distributable reserves | 133 | €52,060 | €60,560 | +€8,500 | +16.3% |
| Profit (loss) carried forward | 14 | €83 | €99 | +€16 | +19.9% |
| Provisions and deferred taxes | 16 | €9,063 | €0 | -€9,063 | -100% |
| Provisions for liabilities and charges | 160/5 | €9,063 | €0 | -€9,063 | -100% |
| Pensions and similar obligations | 160 | €9,063 | €0 | -€9,063 | -100% |
| Amounts payable | 17/49 | €46,287 | €51,817 | +€5,529 | +11.9% |
| Amounts payable after more than one year | 17 | €16,425 | €16,425 | = | 0.0% |
| Financial debts | 170/4 | €16,425 | €16,425 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,207 | €34,229 | +€5,022 | +17.2% |
| Trade debts | 44 | €18,645 | €17,573 | -€1,072 | -5.7% |
| Suppliers | 440/4 | €18,645 | €17,573 | -€1,072 | -5.7% |
| Taxes, remuneration and social security | 45 | €6,321 | €886 | -€5,435 | -86.0% |
| Taxes | 450/3 | €6,321 | €886 | -€5,435 | -86.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,241 | €15,769 | +€11,529 | +272% |
| Accrued charges and deferred income | 492/3 | €655 | €1,163 | +€508 | +77.4% |
| Non-recurring operating income | 76A | €5,000 | €9,063 | +€4,063 | +81.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,412 | €9,672 | +€261 | +2.8% |
| Other operating charges | 640/8 | €2,131 | €2,196 | +€65 | +3.0% |
| Gross operating margin | 9900 | €12,939 | €25,600 | +€12,661 | +97.9% |
| Operating profit (loss) | 9901 | €1,396 | €13,732 | +€12,336 | +884% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €194 | €1,643 | +€1,449 | +747% |
| Recurring financial charges | 65 | €194 | €1,643 | +€1,449 | +747% |
| Profit (loss) for the period before taxes | 9903 | €1,202 | €12,089 | +€10,887 | +906% |
| Income taxes | 67/77 | €280 | €3,572 | +€3,293 | +1,177% |
| Profit (loss) for the period | 9904 | €922 | €8,516 | +€7,594 | +823% |
| Profit (loss) for the period to be appropriated | 9905 | €922 | €8,516 | +€7,594 | +823% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.